UK still the top destination for foreign buyers

Kasmira Jefford
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BRITAIN remains the top destination for foreign investors from outside Europe and the continent’s third most liquid commercial property market, according to new research by property specialist DTZ.

Research published by the industry advisory firm today shows UK liquidity, which is measured by dividing a country’s invested stock by investment volumes, stood at 6.4 per cent in 2012.

Sweden ranked first at 9.2 per cent, despite its position as the eighth-largest investment market in Europe at €106bn, around a sixth of the size of the UK. Norway ranked third.

Two-thirds (close to €10bn) of the UK-bound investment from non-European investors was focussed on central London.

This represented 37 per cent of all activity from these investors into Europe as a whole.

“The UK, and in particular central London, is one of the top markets globally for foreign investors,” Ben Cook, head of UK inward investment at DTZ said.

“Over the past 10 years investors from no less than forty countries outside of Europe have invested in the UK, double any other European market,” he added.